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Opennet Indiabulls  Form

Opennet Indiabulls Form

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so the entire story are started as early back as when the indiabulls group of wanted to go at an exit from the real estate business you know once they wanted to enter the financial business or they wanted to get a bank license so this particular deal has been in the works for some more you know for quite some time now and yesterday the company provided an update to the exchanges so now what this particular deal entails is that the embassy group headed by Giovanni not would be joining us on a channel very shortly basically what would be happening is that the embassy group would be taking over as promoters of the indiabulls real estate remember the MSC group actually went ahead and picked up close to 14 percent stay from the interval promoter some time last year in June 2019 so yesterday the update was that the MSC group has now given a list of properties close to sixty two million square feet has what it entails and these are the properties that could be merged into the combined entity

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